Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
S&P Global
SPGI
|
+$216M |
| 2 |
Charter Communications
CHTR
|
+$192M |
| 3 |
SLB Ltd
SLB
|
+$79.3M |
| 4 |
IBM
IBM
|
+$70.2M |
| 5 |
Newell Brands
NWL
|
+$67.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$72.2M |
| 2 |
Microsoft
MSFT
|
+$66.1M |
| 3 |
Under Armour
UAA
|
+$63.2M |
| 4 |
ExxonMobil
XOM
|
+$51.6M |
| 5 |
WCN
Waste Connections
WCN
|
+$51.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.47% |
| 2 | Technology | 14.08% |
| 3 | Financials | 13.83% |
| 4 | Industrials | 10.22% |
| 5 | Consumer Discretionary | 9.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
NewMarket
NEU
$8.21B
| $25.2M | 0.01% |
60,759
+2,046
| +3% | +$825K |
|
802
Graphic Packaging
GPK
$3.51B
| $25.2M | 0.01% |
2,007,460
+35,870
| +2% | +$468K |
|
803
Neurocrine Biosciences
NBIX
$16.2B
| $25.2M | 0.01% |
553,431
-29,538
| -5% | -$1.36M |
|
804
ON Semiconductor
ON
$18.6B
| $24.9M | 0.01% |
2,821,658
+169,459
| +6% | +$1.61M |
|
|
PPS
805
DELISTED
Post Properties
PPS
| $24.9M | 0.01% |
407,531
-8,700
| -2% | -$514K |
|
|
TEN
806
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $24.9M | 0.01% |
533,263
+7,203
| +1% | +$369K |
|
807
Hexcel
HXL
$7.79B
| $24.7M | 0.01% |
592,352
+26,330
| +5% | +$1.15M |
|
808
TD Synnex
SNX
$20.7B
| $24.6M | 0.01% |
518,494
+33,122
| +7% | +$1.45M |
|
809
Lazard
LAZ
$4.22B
| $24.6M | 0.01% |
824,544
+53,336
| +7% | +$1.85M |
|
|
FMER
810
DELISTED
FIRSTMERIT CORP
FMER
| $24.6M | 0.01% |
1,211,206
+16,595
| +1% | +$360K |
|
811
First Industrial Realty Trust
FR
$8.4B
| $24.5M | 0.01% |
882,389
+996
| +0.1% | +$24.4K |
|
812
Zillow
Z
$7.65B
| $24.5M | 0.01% |
676,503
+35,444
| +6% | +$983K |
|
813
Rithm Capital
RITM
$5.55B
| $24.4M | 0.01% |
1,764,697
-217,685
| -11% | -$2.8M |
|
|
NUAN
814
DELISTED
Nuance Communications, Inc.
NUAN
| $24.4M | 0.01% |
1,803,380
-119,656
| -6% | -$1.78M |
|
815
Thor Industries
THO
$4.04B
| $24.3M | 0.01% |
376,119
+62,080
| +20% | +$3.97M |
|
816
AMC Global Media
AMCX
$490M
| $24.3M | 0.01% |
402,806
+15,871
| +4% | +$1.01M |
|
|
PDM
817
Piedmont Realty Trust
PDM
$1.18B
| $24.3M | 0.01% |
1,127,466
-9,002
| -0.8% | -$183K |
|
818
Cognex
CGNX
$11.2B
| $24.3M | 0.01% |
1,126,432
+50,310
| +5% | +$1.01M |
|
819
Encompass Health
EHC
$12.4B
| $24.3M | 0.01% |
785,330
-7,224
| -0.9% | -$226K |
|
|
UNIT
820
Uniti Group
UNIT
$2.33B
| $24.2M | 0.01% |
837,673
+23,415
| +3% | +$581K |
|
821
Teledyne Technologies
TDY
$31.9B
| $24.2M | 0.01% |
244,392
+1,618
| +0.7% | +$153K |
|
|
SKX
822
DELISTED
Skechers
SKX
| $24.2M | 0.01% |
814,358
+51,904
| +7% | +$1.57M |
|
|
WGL
823
DELISTED
Wgl Holdings
WGL
| $24.1M | 0.01% |
340,610
+12,520
| +4% | +$848K |
|
824
Hawaiian Electric Industries
HE
$2.16B
| $24.1M | 0.01% |
735,093
+10,922
| +2% | +$360K |
|
|
QEP
825
DELISTED
QEP RESOURCES, INC.
QEP
| $24.1M | 0.01% |
1,366,222
+149,767
| +12% | +$2.59M |
|
Similar funds
Geode Capital Management's Q2 2016 Portfolio in Review
As of Q2 2016, Geode Capital Management held 4,187 positions worth $184B, up 97,477% from $188M the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q2 2016 filing shows 96 new, 2,386 increased, 984 reduced and 127 closed positions. Its largest new stake was S&P Global: 2,009,728 shares worth $215M. The largest sale was GE Aerospace, an estimated $72.2M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Financials.
- Geode Capital Management's largest Q2 2016 buy was S&P Global: 2,009,728 shares worth $215M.
- Geode Capital Management added most to Charter Communications in Q2 2016, an estimated $192M increase.
- Geode Capital Management's biggest Q2 2016 reduction was GE Aerospace, cutting an estimated $72.2M.
- Geode Capital Management fully exited Affymetrix Inc in Q2 2016, selling an estimated $7.53M.
- Geode Capital Management's ten largest holdings make up 15% of its $184B portfolio in Q2 2016.
- Geode Capital Management opened 96 new positions and closed 127 in Q2 2016.
- Geode Capital Management's portfolio value rose 97,477% quarter-over-quarter to $184B.
Based on Geode Capital Management's 13F filing for Q2 2016, filed 12 Aug 2016.